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Cabinet Approves State Budget for 2019

The state budget has been set at 3882 billion Syria pounds, which is an increase of 695 billion pounds from the previous year reports The Syria Times.
Cabinet Approves State Budget for 2019

On Sunday, the Cabinet approved a bill for the general state budget for 2019, setting it at 3882 billion Syria pounds, which marks an increase of 695 billion pounds compared to the 2018 budget.

The approved budget allocated 2782 billion pounds for running expenditures, 1100 billion pounds for investment expenditures and 811 billion pounds for social support.

The budget also allocated revenues for creating new job opportunities and 50 billion pounds for reconstruction.

The Cabinet set the price of the USD in the budget at 435 pounds to the dollar.

 

This article was edited by The Syrian Observer. Responsibility for the information and views set out in this article lies entirely with the author.

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